XML 48 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 3 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
Goodwill as of September 30, 2017 and June 30, 2017 is presented below:
 
Luxury
 
Consumer Beauty
 
Professional Beauty
 
Total
Gross balance at June 30, 2017
$
3,496.8

 
$
4,732.0

 
$
967.5

 
$
9,196.3

Accumulated impairments
(403.7
)
 
(237.1
)
 
—

 
(640.8
)
Net balance at June 30, 2017
$
3,093.1

 
$
4,494.9

 
$
967.5

 
$
8,555.5

 
 
 
 
 
 
 
 
Changes during the period ended September 30, 2017:
 
 
 
 
 
 
 
     Measurement period adjustments (a)
(140.3
)
 
223.7

 
(51.2
)
 
32.2

     Foreign currency translation
45.3

 
86.5

 
18.5

 
150.3

 
 
 
 
 
 
 
 
Gross balance at September 30, 2017
$
3,401.8

 
$
5,042.2

 
$
934.8

 
$
9,378.8

Accumulated impairments
(403.7
)
 
(237.1
)
 
—

 
(640.8
)
Net balance at September 30, 2017
$
2,998.1

 
$
4,805.1

 
$
934.8

 
$
8,738.0

 
 
(a) Includes measurement period adjustments in connection with the acquisitions of the P&G Beauty Business, ghd and Younique acquisitions (Refer to Note 4—Business Combinations).
Schedule of indefinite-lived intangible assets
The changes in the carrying amount of indefinite-lived other intangible assets are presented below:
 
Luxury
 
Consumer Beauty
 
Professional Beauty
 
Total
Gross balance at June 30, 2017
$
409.8

 
$
1,696.4

 
$
1,278.5

 
$
3,384.7

Accumulated impairments
(118.8
)
 
(75.9
)
 
(3.1
)
 
(197.8
)
Net balance at June 30, 2017
291.0

 
1,620.5

 
1,275.4

 
3,186.9

 
 
 
 
 
 
 
 
Changes during the period ended September 30, 2017:
 
 
 
 
 
 
 
Foreign currency translation
8.0

 
10.6

 
8.8

 
27.4

 
 
 
 
 
 
 
 
Gross balance at September 30, 2017
417.8

 
1,707.0

 
1,287.3

 
3,412.1

Accumulated impairments
(118.8
)
 
(75.9
)
 
(3.1
)
 
(197.8
)
Net balance at September 30, 2017
$
299.0

 
$
1,631.1

 
$
1,284.2

 
$
3,214.3

Other intangible assets, net as of September 30, 2017 and June 30, 2017 are presented below:
 
September 30, 2017
 
June 30,
2017
Indefinite-lived other intangible assets
$
3,214.3

 
$
3,186.9

Finite-lived other intangible assets, net
5,279.6

 
5,238.3

Total Other intangible assets, net
$
8,493.9

 
$
8,425.2
Schedule of finite-lived intangible assets
Intangible assets subject to amortization are presented below:
 
Cost
 
Accumulated Amortization
 
Accumulated Impairment
 
Net
June 30, 2017
 
 
 
 
 
 
 
License agreements
$
3,148.4

 
$
(653.3
)
 
$
—

 
$
2,495.1

Customer relationships
1,937.3

 
(375.0
)
 
(5.5
)
 
1,556.8

Trademarks
1,001.1

 
(141.0
)
 
—

 
860.1

Product formulations
389.3

 
(63.0
)
 
—

 
326.3

Total
$
6,476.1

 
$
(1,232.3
)
 
$
(5.5
)
 
$
5,238.3

September 30, 2017
 
 
 
 
 
 
 
License agreements(a)
$
3,234.5

 
$
(684.8
)
 
$
—

 
$
2,549.7

Customer relationships(a)
1,980.9

 
(411.7
)
 
(5.5
)
 
1,563.7

Trademarks
1,003.8

 
(153.4
)
 
—

 
850.4

Product formulations and technology(a)
387.8

 
(72.0
)
 
—

 
315.8

Total
$
6,607.0

 
$
(1,321.9
)
 
$
(5.5
)
 
$
5,279.6

 
 
(a) Includes measurement period adjustments in connection with the P&G Beauty Business acquisition during the three months ended September 30, 2017 (Refer to Note 4—Business Combinations)
Other intangible assets, net as of September 30, 2017 and June 30, 2017 are presented below:
 
September 30, 2017
 
June 30,
2017
Indefinite-lived other intangible assets
$
3,214.3

 
$
3,186.9

Finite-lived other intangible assets, net
5,279.6

 
5,238.3

Total Other intangible assets, net
$
8,493.9

 
$
8,425.2